WorksheetsUNIT 4 N
Total questions: 10
Worksheet time: 5mins
What is the function of Cryptocurrency as a medium of exchange?
to supervise the creation of additional units
to ensure the financial transactions
to verify asset transfers.
all are correct
Choose the wrong answer about Bitcoin
Bitcoin is a digital currency
Bitcoin prices are not very volatile
Bitcoin has high liquidity
Bitcoin has potential for high return
The value of crypto prices is the same all over the world
True
False
Which coin is considered the first cryptocurrency created?
Binance coin
USD coin
Tether
Bitcoin
Liquidity directly affects the…, resulting in the difference between the expected return and the actual return of that coin
user
price
investor
time
It is easy to break the cryptocurrency
False
True
Cryptocurrency is not regulated by any …
nation
organization
central bank
all are correct
What are the most important determinants of cryptocurrency market prices?
supply
demand
supply and demand
investor
Which coin has the highest market value?
Bitcoin
Ethereum
Tether
Binance coin
The transfer time of Crypto is very low
True
False
